The American dollar gained against major currencies at London’s trading session on Friday morning. The American Dollar Index, which tracks the U.S dollar against a basket of other major currencies, gained 0.27% to trade at 93.025 at the time this report was drafted.
Quick fact: The U.S. Dollar Index tracks the American dollar against other major currencies such as the Japanese yen, British pound sterling, Swedish Krona, the Euro, and more. Individuals hoping to meet foreign exchange payment obligations, via dollar transactions to European countries, and Japan, would need to pay fewer dollars in meeting such obligations.
